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Message from the Chair – Adoption of Auditor Reporting and Other Standards

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Apr 15, 2015

On April 15, 2015, the Auditing and Assurance Standards Board (AASB)’s Chair, Cathy MacGregor, explained why the AASB plans to issue an invitation to comment and an exposure draft addressing specific proposed Canadian amendments to the international standards.

Cathy MacGregor provided an update on the AASB’s adoption of International Standards on Auditing (ISAs) as Canadian Auditing Standards (CASs) dealing with auditor reporting. This relates to two projects:

  1. reporting on audited financial statements – new and revised auditor reporting standards and related conforming amendments; and
  2. the auditor’s responsibilities relating to other information (ISA 720).

Review the update on the AASB's Web site.

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